FTSE SHORT OVER BREXIT FEARS DAILY +300 PIP POTENTIAL

As fears over brexit rise so does this index being obviously linked to the British economy this index is likely to continue to fall as expected due to growing concerns as we can also see in the major currency pairs closely linked to the British economy.

Trend line break long with a break of the yearly critical level confirming my short.

I will give my view on this. After a quick analysis on the quarter graph, I found out that everything converge to stop this downtrend @ 5.804 =probably the end of this month (also quarter end) then go upward until 7.655. Could they make it ? I don't know, but until now they have done everything by the book. Must check if daily waves are converging to 5.804.